Abstract

This work suggests an optimal strategy to sort and recycle plastic waste as a renewable energy resource with maximizing economic feasibility and mitigating environmental pollution. To derive the optimal sorting and recycling strategies of plastic waste, a novel optimization model is developed; it calculates the overall profit by subtracting the profit of recycling plastic from the total annualized cost. Then the model is used to identify the optimal strategy to sort and recycle plastic waste as a renewable energy resource in mixed-integer nonlinear programming that maximizes the overall profit. In the derived optimal sorting and recycling strategy, high-density polyethylene is recycled to produce downgrade plastic; low-density polyethylene, polypropylene, and polystyrene are recycled as pyrolysis oil; and polyethylene terephthalate is recycled to produce refuse plastic fuel. The derived optimal case can significantly increase the overall profit by about 3,137% (i.e., 35 US$/1 kg of recycled plastic), and 492% (i.e., 29 US$/1 kg of recycled plastic) compared to conventional case in South Korea and Japan respectively.

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